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US Canceling 1955 Treaty of Amity with Iran

US Secretary of State Mike Pompeo says Washington is canceling a 1955 treaty with Tehran after the International Court of Justice (ICJ) ordered the United States to halt the unilateral sanctions it recently re-imposed on "humanitarian" supplies to Iran.

EU Payment Mechanism Sign of Resistance to US Bullying

The new EU special payments channel devised to maintain business is viewed by many observers as a step in the right direction to save the 2015 Iran nuclear deal, which at the same time underlines the bloc’s desire to say ‘no’ to US bullying.

Iran Wins Suit against US Sanctions at Highest UN Court

In a victory for Tehran against Washington, the International Court of Justice (ICJ) has ordered the United States to halt the unilateral sanctions it recently re-imposed on "humanitarian" supplies to Iran.

Germany Remains Fully Committed To JCPOA, Ambassador Says

German Ambassador to Tehran Michael Klor-Berchtold says his country has been and will remain absolutely committed to the Joint Comprehensive Plan of Action (JCPOA), censuring the US decision to unilaterally withdraw from the 2015 nuclear deal with the Islamic Republic of Iran.

Iran: Oil Deal Negotiations with EU Proceeding Well

A senior official says Iran’s negotiations with the EU to reach an agreement to sell Iranian oil to Europe are advancing ahead of a US date to impose sanctions on the Islamic Republic’s energy sector.

Riyadh Is Main Sponsor of Intl Terrorism: Iran Envoy

Iran’s representative to United Nations General Assembly dismissed Saudi Arabia accusations against Iran, saying that all know Saudis are leading sponsor of terrorism and major destabilizer in the region and world.

US Sanctions on Iran Unjust: Erdogan

Turkish President Recep Tayyip Erdogan has slammed as unjust the United States' move to impose sanctions against Iran and threaten to further toughen them.

Iran Sets Deadline for EU to Implement Anti-Sanction Plan

In an interview with IRNA, Deputy Foreign Minister Abbas Araqchi said Iran has underlined that the European Union’s decision to set up a payment system to allow foreign oil companies and businesses to continue trading with Iran while evading the US sanctions should come into effect no later than November 4.

Iran Sanctions Could Spur Oil to $100/b

Sanctions against Iran could contribute to a 'nasty gap' in the market at year-end, with oil prices potentially reaching $100/b, but probably not for a prolonged period, Standard Chartered bank's head of commodities research, Paul Horsnell, said.

'France Asked to Establish Joint Bank with Iran'

As the remaining signatories to the Iran nuclear deal are preparing to implement their financial initiative within the coming months to save the 2015 nuclear accord following the US unilateral withdrawal, a political party in France casts doubt on the overall efficiency of the mechanism calling on Paris to set up a joint bank with Iran to bypass the US sanctions.

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